The chancellor tells the BBC it is "too early" to say exactly who would get help but hinted any support would not arrive until the autumn.
Many businesses have said they will have to pass higher wage costs onto customers.
A string of bill increases have taken effect but minimum wage and benefit rises will help some to pay them.
The announcement comes days after former CEO Pieter Elbers quit in the backdrop of a flight cancellation crisis.
The price of Brent crude oil to be delivered in May rose by a record 64% in March as the conflict disrupted energy supplies.
It is thought that thousands of people may have lost their jobs at Oracle, one of the world's largest tech companies.
Iran's strikes on Gulf states have been especially hard for migrants who have long supported these economies to lift their families back home from poverty.
The US-Israel Iran war has halted almost all traffic in a key waterway and the price Brent crude has surged.
Millions of motorists could be entitled to compensation with the financial regulator setting out how to apply
The lender says the market regained momentum in March, but rising mortgage and energy costs could hit consumer confidence.
The Iran war continues to push up prices at the pump for US motorists.
Millions could be entitled to compensation as a result of commission arrangements between lenders and dealers.
The City regulator says 12.1 million mis-sold motor finance deals will be eligible for redress.
The 217-year-old firm says it appointed FRP Advisory as administrators on Tuesday.
Many airlines are taking measures to deal with the economic impact of the Iran war.
While both crises involve oil, experts say there are some important differences between what happened in the 1970s and today.
Oil markets have been sensitive to Donald Trump's comments on the war. But are traders growing less responsive?
More tech leaders are pointing to job cuts caused by AI tools - and a need for more investment cash.
It comes after Iran-backed Houthi rebels in Yemen joined the conflict by striking Israel over the weekend.
The Tory leader refuses to rule out direct payments to households if bills spike but says this would come at a cost.
Ramsey Elkholy introduced the financier to women as young as 18 in correspondence over almost a decade.
Motorists are facing higher fuel prices ahead of Easter break due to the conflict in the Middle East, the RAC says.
The UK's competition watchdog says it is looking at five firms in its investigation into misleading online reviews.
A key survey indicates growing doubt among shoppers over prospects for the UK economy in the next year.
In a letter to the Treasury Select Committee, Lloyds apologised and said some compensation had been paid.
The price of a wide range of goods - from food, to smartphones, to medicines - could be affected by the US-Israel war with Iran.
The US president's signature will appear on new paper currency alongside Treasury Secretary Scott Bessent.
Rivals are emerging for the Las Vegas Sphere - are domes and spheres the future for entertainment?
Mainland firms are using the territory to test products and as a springboard for global expansion.
Indian farmers are turning to dragon fruit as a profitable alternative to mangoes and coffee.
Greg Daily has swapped sleeping on friends' sofas for running a popular digital marketing company.
Start-ups are offering tech for novices to create apps with the help of AI.
Weight-loss drug prices are falling in the US - but can the example be repeated?
The European nation, struggling to find skilled staff, is giving jobs to young people from India.
Young people are driving a gym boom as more fitness spaces are transformed into vibrant hangouts.
How could a company that charged as much as £65 for a day's parking fail to turn a profit?
Colombia has become a tech hub for Latin America, but attracting investors is a challenge.
The chains all have detailed plans to follow in the event of the nation going to war.
Using plastic in construction is cheap and easy, but some are trying to radically cut back its use.
The war-torn country is battling to secure crucial funding from the IMF and EU, as well as putting up taxes.
Cost and convenience have made disposable nappies dominant - can start-ups compete?
The US said easing sanctions on Russian oil would provide only a limited financial boost to Putin.
The government's hopes that 2026 would be the year when growth picks up are at risk of being scuppered.
Rising living costs are pushing more people to rely on affordable food groups.
Typical household bills will fall by 7% when the new energy cap takes effect on 1 April 2026.
Butter, chocolate, coffee and milk have all seen prices rocket. Tracing back through the story of one particular supermarket staple begins to explain why
The Gulf's hub airports made long-distance travel cheaper - but now their future looks unclear.
Will the pursuit of a closer relationship with the EU risk courting electoral disaster by alienating Brexit-backing voters?
There is a fine balance between the benefits of improved infrastructure, versus the cost of disruption. Does the country have it right?
Parts of Britain’s rail network will close for engineering work over the festive period - but is that the right time to do it?
Conservatives gathered at the annual CPAC conference in Texas were mixed when asked about their feelings on the current economy.
The Apprentice candidates try to sell a table tennis set live on TV.
Martin Lewis explains that you can use your Lifetime Isa to buy with someone who has already bought.
What are the reasons for the large number of young people without a job in the UK?
The United States is a rich market but navigating its regulations can be expensive and difficult. The Transatlantic Trade and Investment Partnership (TTIP) will simplify the whole process of exporting, making it cost-effective to do business in the US no matter what the size of your company
UKTI’s High Value Opportunities programme aims to help UK companies of all sizes win business from large overseas projects
How UKTI can help your business grow internationally